O’Reilly Automotive (NASDAQ:ORLY) Given New $125.00 Price Target at TD Cowen

O’Reilly Automotive (NASDAQ:ORLY) had its target price raised by investment analysts at TD Cowen from $112.00 to $125.00 in a research note issued to investors on Monday,Benzinga reports. The firm presently has a “buy” rating on the specialty retailer’s stock. TD Cowen’s price target suggests a potential upside of 16.86% from the stock’s previous close.

Several other research analysts have also weighed in on ORLY. Guggenheim increased their price objective on shares of O’Reilly Automotive from $98.00 to $110.00 and gave the stock a “buy” rating in a report on Friday, July 25th. Royal Bank Of Canada raised their price target on shares of O’Reilly Automotive from $98.00 to $104.00 and gave the company an “outperform” rating in a report on Friday, July 25th. BMO Capital Markets increased their price objective on shares of O’Reilly Automotive from $100.00 to $110.00 and gave the company an “outperform” rating in a research report on Friday, July 25th. JPMorgan Chase & Co. raised their price target on shares of O’Reilly Automotive from $101.00 to $113.00 and gave the stock an “overweight” rating in a research report on Monday, July 21st. Finally, DA Davidson raised their price target on shares of O’Reilly Automotive from $107.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday, July 25th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, O’Reilly Automotive presently has an average rating of “Buy” and a consensus target price of $106.36.

O’Reilly Automotive Trading Down 0.5%

ORLY stock traded down $0.53 on Monday, hitting $106.97. The company’s stock had a trading volume of 650,964 shares, compared to its average volume of 5,445,496. The firm has a 50 day moving average of $100.11 and a two-hundred day moving average of $94.10. O’Reilly Automotive has a 1 year low of $73.33 and a 1 year high of $108.42. The stock has a market cap of $90.76 billion, a price-to-earnings ratio of 38.31, a price-to-earnings-growth ratio of 2.84 and a beta of 0.60.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings data on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.78. O’Reilly Automotive had a net margin of 14.15% and a negative return on equity of 181.53%. The company had revenue of $4.53 billion for the quarter, compared to analysts’ expectations of $4.54 billion. During the same period in the previous year, the company posted $10.55 EPS. O’Reilly Automotive’s revenue was up 5.9% compared to the same quarter last year. O’Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. As a group, equities analysts forecast that O’Reilly Automotive will post 43.94 EPS for the current fiscal year.

Insider Buying and Selling

In other O’Reilly Automotive news, SVP Mark Joseph Merz sold 5,050 shares of the company’s stock in a transaction on Tuesday, July 29th. The stock was sold at an average price of $99.07, for a total value of $500,303.50. Following the sale, the senior vice president directly owned 2,876 shares in the company, valued at $284,925.32. This represents a 63.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, SVP Shari Lynne Reaves sold 2,000 shares of the stock in a transaction on Wednesday, August 6th. The stock was sold at an average price of $103.81, for a total value of $207,620.00. Following the sale, the senior vice president owned 12,826 shares in the company, valued at $1,331,467.06. The trade was a 13.49% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 125,635 shares of company stock valued at $12,740,916. 1.01% of the stock is currently owned by insiders.

Hedge Funds Weigh In On O’Reilly Automotive

Large investors have recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC lifted its stake in O’Reilly Automotive by 16.4% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 23,195 shares of the specialty retailer’s stock valued at $33,227,000 after buying an additional 3,272 shares during the period. Vanguard Group Inc. lifted its stake in O’Reilly Automotive by 1.5% in the first quarter. Vanguard Group Inc. now owns 5,238,396 shares of the specialty retailer’s stock valued at $7,504,421,000 after buying an additional 75,125 shares during the period. Massachusetts Financial Services Co. MA lifted its stake in O’Reilly Automotive by 33.9% in the first quarter. Massachusetts Financial Services Co. MA now owns 583,812 shares of the specialty retailer’s stock valued at $836,357,000 after buying an additional 147,904 shares during the period. CCM Investment Group LLC acquired a new position in O’Reilly Automotive in the first quarter valued at about $4,672,000. Finally, Connor Clark & Lunn Investment Management Ltd. lifted its stake in O’Reilly Automotive by 52.4% in the first quarter. Connor Clark & Lunn Investment Management Ltd. now owns 11,242 shares of the specialty retailer’s stock valued at $16,105,000 after buying an additional 3,866 shares during the period. Institutional investors and hedge funds own 85.00% of the company’s stock.

About O’Reilly Automotive

O’Reilly Automotive, Inc, together with its subsidiaries, operates as a retailer and supplier of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States, Puerto Rico, and Mexico. The company provides new and remanufactured automotive hard parts and maintenance items, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, temperature control, water pumps, antifreeze, appearance products, engine additives, filters, fluids, lighting products, and oil and wiper blades; and accessories, including floor mats, seat covers, and truck accessories.